How much do you know about elevator IoT


Release time:

2024-02-06

At present, most elevator manufacturers generally have a single business structure and their revenue is also starting to slow down. I have communicated with several large-scale elevator manufacturers in the industry and learned that they have always wanted to transform their business model from single manufacturing to a combination of "manufacturing+service", transforming from a production-oriented manufacturing enterprise to a service-oriented manufacturing enterprise. The maintenance market accounts for 30% of the entire elevator market, and developed countries can reach around 50%, so the space is very large. Taking Shanghai Mitsubishi Elevator as an example, in 2015, the main business revenue of Shanghai Mitsubishi Elevator was 17.4 billion yuan, of which the revenue from elevator maintenance and repair business was 4.1 billion yuan, accounting for 23.5%. The operating profit brought by maintenance business accounted for more than 40% of the total profit. Therefore, elevator manufacturers have great enthusiasm for exploring the highly profitable maintenance market.

  At present, most elevator manufacturers generally have a single business structure and their revenue is also starting to slow down. I have communicated with several large-scale elevator manufacturers in the industry and learned that they have always wanted to transform their business model from single manufacturing to a combination of "manufacturing+service", transforming from a production-oriented manufacturing enterprise to a service-oriented manufacturing enterprise. The maintenance market accounts for 30% of the entire elevator market, and developed countries can reach around 50%, so the space is very large. Taking Shanghai Mitsubishi Elevator as an example, in 2015, the main business revenue of Shanghai Mitsubishi Elevator was 17.4 billion yuan, of which the revenue from elevator maintenance and repair business was 4.1 billion yuan, accounting for 23.5%. The operating profit brought by maintenance business accounted for more than 40% of the total profit. Therefore, elevator manufacturers have great enthusiasm for exploring the highly profitable maintenance market.

But is it easy to enter the maintenance market? There are many problems in this market. Let's take a look: an elevator is sold to a property management company or shopping mall, and from the second year onwards, it is operated and maintained by a third-party maintenance company through bidding. The biggest cost expenditure of the third-party maintenance company is manpower. They squeeze manpower in order to reduce costs and ensure profits. Originally, one person's monthly maintenance load was 15 elevators, but in reality, it has been increased to 30 elevators, resulting in severe overload of personnel workload. This can lead to problems such as untimely and insufficient maintenance of elevators, as well as easy passing through, which is also the main reason for the frequent occurrence of elevator accidents. Elevator manufacturers who want to enter the maintenance market will also face such problems.

How can we find a way to reduce maintenance labor costs while improving maintenance quality and efficiency, giving elevator manufacturers great competitiveness in entering the maintenance market, and also increasing maintenance share due to the improvement of maintenance quality? Yes, the answer is: elevator IoT!

The Internet of Things for elevators will provide the following assistance to elevator manufacturers:

1. Reduce elevator operation and maintenance costs by about 50%
Traditional elevator inspections require the cooperation of two people, with each elevator taking about 3.5 to 4 hours. Through the Internet of Things for elevators, early elevator health assessments can be achieved, providing guidance for on-site inspections. For example, for key inspections of hidden danger areas, the inspection time can be reduced to 2 to 3 hours per elevator.

2. Improve the service life of vulnerable parts by more than 30%
For the all inclusive elevator maintenance method, vulnerable parts such as elevator door guide shoes have a traditional operation and maintenance cycle of about 6 months. Through predictive maintenance (such as door noise monitoring, wear detection, etc.), situations such as foreign object obstruction and insufficient lubrication can be detected in a timely manner, which facilitates maintenance personnel to carry out targeted maintenance in a timely manner. The service life can be extended to 8-10 months.

3. Accurately predict elevator malfunctions and promptly eliminate safety hazards
If the elevator door is blocked by some objects, the opening and closing resistance will increase. For example, common faults such as elevator doors getting stuck can be monitored by sensors inside the door to determine the resistance to closing the door. If the normal closing current is only 1 ampere, and the current often needs to be 1.5 amperes before the fault occurs, it is likely that there are foreign objects in the elevator door pulleys and chutes. Through the elevator Internet of Things, the fault can be detected in a timely manner and maintenance personnel can be notified to quickly troubleshoot the problem.

4. Significant revenue from value-added services, such as elevator advertising
Through the integration of elevator networking, elevator manufacturers can increase value-added services, such as elevator advertising, which can earn approximately $260 in advertising fees per elevator per year.

For an elevator manufacturer we know of that entered the maintenance market, its Chinese branch produced 70000 elevators in 2015, with an annual revenue of 3.2 billion US dollars. Currently, the maintenance volume is 10000 units. After using the elevator Internet of Things, the company's maintenance costs will save 4.88 million US dollars annually, and the related value-added business income will reach 260000 US dollars. We can see that the Internet of Things for elevators has great appeal to elevator manufacturers and is an important tool and means for them to carry out business transformation

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